Targeting Requirements - Local The statute also provides direction to grantees that they should give priority emphasis in targeting the funds that they receive to those metropolitan areas, metropolitan cities, urban areas, rural areas, low- and moderate-income areas, and other areas with the greatest need, including those-- with the greatest percentage of home foreclosures; with the highest percentage of homes financed by a subprime mortgage related loan; and identified by the State or unit of general local government as likely to face a significant rise in the rate of home foreclosures. (2301(c)(2))
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